Bloomberg's survey predicts that the S&P 500 Index will climb to 4,808 points in 2024, with lower gains than this year. Respondents also expect the 10-year Treasury yield to drop. Majority of respondents do not see a hard economic landing as the top risk to markets.
The S&P 500 Index is expected to reach a record high in 2024, according to Bloomberg 's Markets Live Pulse survey. Respondents predict the index will climb to 4,808 points, although gains will be lower than this year's surge.
The survey also suggests that the 10-year Treasury yield will drop to 3.8%. The majority of respondents do not see a hard economic landing as the top risk to markets and expect interest rate cuts by the Federal Reserve before July.
S&P 500 Record High Bloomberg Survey Treasury Yield Economic Landing Federal Reserve
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